Latest News – Page 428
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NewsPandemic sees growth in lending to better manage insurance costs – Premium Credit
The premium finance provider’s latest research index reveals what lines of cover SMEs have stopped buying and how many are using a broker or insurer
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NewsRSA underwrites expanded commercial offering from Superscript
The products are designed for small businesses, such as independent artisans and crafters
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NewsGRP appoints chief data and analytics officer in newly created role
The position will support the development of the firm’s data infrastructure
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News‘Insurance markets are holding up extremely well’ in the face of Covid-19 – Swiss Re
Despite causing ‘the worst recession of our lifetime’, reinsurance economist says the insurance sector should expect ‘a strong V-shaped recovery for 2021’
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NewsFCA pricing remedies not intended to squeeze margins, says Direct Line’s Penny James
Direct Line chief exec says pricing c hanges are unlikely to be seen until the new rules are implemented
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IT InterviewTechnology is still the ‘bedrock of our business’ – CFC Underwriting’s Dave Walsh
With CFC Underwriting making it onto Insurance Times’s Top 50 Brokers podium yet again, the firm’s chief executive and founder Dave Walsh discusses how it started out in the dot-com era, emphasising that technology is still at the business’s heart today
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NewsIntact says it has financing for RSA bid
The Canadian business issued a statement in London today with the details, adding that it has ‘all of the equity financing’ it needs
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NewsSecondary psychiatric injuries add ‘significant sums’ to PI claims costs – Kennedys
Insurers may have to stump up higher claim payouts for individuals who develop a gaming disorder or an opioid addiction as a result of a physical injury
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NewsStruck out BI claim proves there is no ‘public policy move’ following test case
Barrister says that not all business interruption claim cases will follow the trajectory of the FCA’s test case and that not all clauses will be interpreted in favour of the policyholder
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NewsAgeas records £52m operational free capital generation in UK for third quarter
The insurer said that product lines which are exposed to the fallout of the coronavirus pandemic are ‘limited’
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News‘Real opportunity’ in dual pricing ban for MCE, says bike broker boss
MCE boss Julian Edwards said the pricing ban would benefit insurers with lower expense ratios
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NewsCovid-19 losses ‘not a major concern’ for Zurich, as group releases Q3 trading update
The insurer is confident that it has limited exposure to any new developments regarding the pandemic
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NewsOrient Express Supreme Court judges to hear FCA test case appeal
Legal experts state the choice of Supreme Court judges is ‘relevant’ and ‘interesting’
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NewsWillis Towers Watson buys climate change advisory business
The purchase will align with WTW’s focus on physical climate risks and resilience via its Climate and Resilience Hub
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FeaturesBriefing: Collaboration needs to continue post-pandemic for ‘adversarial’ personal injury sector
Despite insurance being fundamentally built on partnerships, the personal injury sphere has long been described as ‘adversarial’ – why has it been so hard to work together?
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NewsOpinion: Could Covid be hastening the end of brokers going into Lloyd’s to place business?
Technology was always going to be part of Lloyd’s of London’s future, but the pandemic has accelerated its adoption. Will brokers going into Lloyd’s physically become a thing of the past and how will the ‘Future at Lloyd’s’ look post-Covid?
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FeaturesBusiness interruption has left customers confused, anxious and angry - Brightside chief exec
Insurance industry ’hasn’t covered itself in glory’ over business interruption claims, says Brendan McCafferty
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NewsAston Lark snaps up Amlin pleasure boat business
UK yacht is one of the nine classes of business Amlin said it was seeking to withdraw from last year
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NewsFlock selected as Sky-Futures’ drone insurance partner
Flock will support Sky Futures’ global expansion
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NewsSyndicate goes into run off as remediation efforts fail
Lloyd’s of London said it will continue to purge the market of business it believes is not delivering
